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7 bed a house for sale in Sotogrande, Spain, 950 m²

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Price€3,950,000
Typea House
Covered area950 m²
Land area3600 m²
Beds7
Bath7
Rooms8
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Environment

Description

Sotogrande Alto, the First line of the Golf course, stunning Villa of new construction, consisting of 7 large bedrooms, built with all innovative technologies – heated floors throughout the house, air-conditioning, cinema, gym, home automation with ин6тегрированой sound system. Wine cellar, pool house, fully equipped kitchen and dining area, huge dining terrace. Garage, storage, Laundry. Stunning panoramic views over the Golf course and the sea, the Villa faces South

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
Company Representatives
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